Disney Will Pay $60 Million a Year for 66 Character.AI Employees
Disney plans to pay $60 million a year in salaries to 66 employees hired from Character.AI, and has set aside a $30 million retention pool. Over three years the compensation…
CERN and Mistral Will Train a Physics Model on Collision Data
CERN already holds about one exabyte of data from the Large Hadron Collider, roughly a million terabytes of recorded collisions. On October 15 the laboratory signed a letter of intent…
Salesforce Wins a Tax Authority Contract Worth Up to 2 Billion Pounds
Salesforce was named strategic enterprise customer relationship management supplier to HM Revenue and Customs on October 15 under a contract running up to 15 years and worth as much as…
Netflix Replaces Its Content Chief and Cuts Nearly a Thousand Jobs
Netflix named Peter Rice, a former Disney executive, as chief content officer on October 15, replacing Bela Bajaria. The appointment takes effect on October 26, and Mr. Rice will oversee…
Google and Brussels Discuss Remedies for a 890 Million Euro Antitrust Bill
Google and the European Commission are discussing how the company will change its products to remedy the conduct behind two antitrust decisions that together produced a fine of about 890…
Google Adds CNN to Its News Licensing Deals and Passes 400 Partners
CNN and Google signed a multiyear agreement on October 15 under which the network will provide enhanced content licensing to the company and the two will explore how generative artificial…
Britain Moves to Designate Microsoft’s Software Ecosystem for Special Scrutiny
About 20 million people in Britain use Microsoft’s business software every month. That figure is why the country’s competition regulator proposed on October 16 to designate the company’s commercial software…
Tesla’s New Roadster Jumps, and Waits Until 2028
The car left the ground. At a SpaceX test site in McGregor, Texas, on the evening of October 15, Tesla showed a second-generation Roadster using cold-gas thrusters supplied by SpaceX…
Germany Prepares an Industrial AI Pact With Nvidia
Around a dozen German companies, including Siemens and Audi, are preparing to join a cooperation agreement on industrial artificial intelligence with Nvidia that the federal government intends to sign, according…
Micron’s Taiwan Unions Win a Strike Mandate as HBM Capacity Sells Out
Two unions at Micron Technology’s Taiwan operations have secured a strike authorization, and they are asking for a share of the company’s profits that the company has not offered. The…
